Dais Technology Integrates its No-Code Platform with Verisk’s Rating-as-a-Service (RaaS) Offering

Dais, a leading provider of no-code insurance technology, has integrated its platform with Rating-as-a-Service (RaaS), Verisk’s new cloud-based rating engine, to offer an enhanced solution to help carriers and MGAs accelerate product deployment and simplify product maintenance.

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Verisk’s RaaS allows carriers and MGAs to rate insurance policies in real-time using rating data and rules directly from ISO’s Commercial Lines Manual. Dais’ no-code platform provides a quoting user interface, advanced deviation management, and developer tools, all without a single line of code. This no-code approach saves carriers and service integrators time and expenses while working alongside policy administration systems.

“Dais’ capabilities are a great complement to our Rating-as-a-Service product” said Ron Beiderman, senior vice president of core lines services products at Verisk. “Our combined solution provides customers with access to reliable, up-to-date ISO insurance programs delivered in real-time via RaaS, as well as the tools to provide deviation management so they can develop unique products quickly and easily.”

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“We’re excited about our alliance with Verisk. By integrating our solution with RaaS, we help solve a key problem in the industry in terms of flexibility, speed to market, and minimizing cost in a core functional area. We can populate our no-code solution with definitive products right from the source” says Jason Kolb, Dais CEO. “Verisk has the most comprehensive products and scale in the industry and our platform handles both. Our no-code offerings can handle the complexity of commercial lines rules, rating, and custom predictive modeling deployment.”

Additional capabilities are also available from Dais to extend rating such as: public APIs for use by third parties, book impact analysis and scenario testing tools, one-click prefill data from a variety of providers, connections to external models and scoring engines, and policyholder customer experiences.

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